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No Trade War? Yeah Right.

No Trade War? Yeah Right.

They say not to judge a book by its cover. I’m sure my mother must have told me this as a child. And yet I’ve ignored this advice all my life. So, shame on me, Mr. Judge-not-lest-you-be-judged failure, for ignoring my kindly mother’s advice. And I offer yet another judgment of someone I’ve never met, […]
Fed: Mixed Messages

Fed: Mixed Messages

Two weeks ago, the Federal Reserve decided to hike rates again. This was no surprise. What was surprising, however, was the subsequent drop in long-term rates and the further flattening of the yield curve. New Fed Chair Jay Powell said he expects to continue hiking rates as planned, with two more this year, three more in 2019, […]
Japanese Stocks End The Week Higher By Nearly 1 Percent

Japanese Stocks End The Week Higher By Nearly 1 Percent

Japanese stocks were volatile Friday morning as the yen rose as a safe haven after US President Donald Trump warned against increasing tariffs on China as the trade dispute between the two countries drove investors away. The Nikkei rose 0.1 percent to 21,677.72 in mid-trade, the index rose 0.8 percent so far, and the broader Topix was […]
Is There A Shift Of Investor Interest Going On?

Is There A Shift Of Investor Interest Going On?

Craig Hemke joins me today to outline some shifts in investor interest that we are seeing in open interest data and general market pullbacks. Silver has had some positive CoT reports with speculators moving net short. Cannabis stocks and cryptocurrencies have pulled back significantly which eventually could lead some investors to the metals. Maybe not […]
Tech ETFs To Buy After Massive Sell-Off

Tech ETFs To Buy After Massive Sell-Off

The technology sector has been the investors’ darling in the nine-year bull market. But a slew of negative news from some of the key companies in the space have led to a huge decline in large-capitalization technology and Internet stocks, taking away the sheen from the sector. Fears of a trade war between the United […]
Further Strength In USDJPY – Elliott Wave View

Further Strength In USDJPY – Elliott Wave View

USDJPY short term Elliott Wave view suggests that the decline to 104.54 low on March 26 ended Intermediate wave (3). Wave (4) correction is in progress as a double three Elliott Wave Structure. A double three is a 7 swing corrective structure with WXY label. In the case of USDJPY, minor wave W of (4) […]
Is Aqua America Inc. A Buy At This P/E Multiple?

Is Aqua America Inc. A Buy At This P/E Multiple?

Aqua America Inc. (NYSE: WTR) trades at a P/E multiple of 25.3x, which is higher than the Utilities sector median of 20.7x. While this makes WTR appear like a stock to avoid or sell if you own it, you might change your mind after gaining a better understanding of the assumptions behind the P/E ratio. In […]
Strong Manufacturing ISM Report Signals Stocks Should Rebound

Strong Manufacturing ISM Report Signals Stocks Should Rebound

Solid Manufacturing ISM Report The ISM manufacturing report for March was solid as the PMI was 59.3 which is 1.5 points below February’s result and 0.9 points above the 12-month average. The table below gives you a summary of the data. As you can see, the growth mostly slowed down. The orange boxes highlight the […]
Government Won’t Save You

Government Won’t Save You

In normal circumstances you don’t want to depend on the government because no one who relies exclusively on transfer payments (excluding people collecting public pensions) is living a comfortable successful financial life. The current budget situation for the government is dire, so your personal goal to avoid relying on the government for anything, even social security, is amplified. You […]
Is Market Timing A Myth?

Is Market Timing A Myth?

Q: What do market timing and stock picking have in common with Las Vegas? A: You might win – but odds are most likely stacked against you. And if you attempt to win at both every year, it’s nearly guaranteed you will end up losing overall. One difference between the two is that with marketing […]